What Happens in Gold Trading after a Bull Flag Trading Pattern?

A Bull Flag xauusd pattern is a bullish continuation pattern - This is a market trading signal which shows the current gold trend is taking a break before resuming the current upwards direction of the market gold.

If the Bull Flag upwards continuation chart pattern forms on the gold chart it signals that the xauusd market is taking a pause before resuming the current upwards trend. The Bull Flag continuation pattern in a upward trend is known as a bull flag continuation chart pattern which signals that the xauusd price is consolidation but keeps moving higher & higher forming a xauusd pattern that looks like a rising bull flag. Traders should wait for a confirmation of this Bull Flag xauusd chart pattern before opening a trade based on this bullish continuation pattern. Once there is a xauusd trading price breakout to the upside of this bull flag chart pattern, then the Bull Flag continuation pattern is confirmed & xauusd prices will then continue to move in the direction of the current upwards xauusd trend.